Australian Open 2019 will see 2018 champions Roger Federer and Caroline Wozniacki try to defend their victories in Melbourne.

The prize money for this year has risen to $62.5m (AUD) which is a 14 per cent increase on last year’s prize money pot.

Sportsmail provide you with everything you need to know for the Australian Open 2018 including dates, times and how to watch plus draw, prize money and odds.

Australian Open is the first grand slam event of the year and will take place from 14th January

When is it?

Australian Open kicks-off on Monday 14th January with the men and women’s first round.

Finals takes place for singles, mixed, doubles and wheelchair from 25th January to 27th January in Melbourne.

When is the draw?

The draw takes place on Thursday 10th January at 7am (GMT)/ 6pm local time.

Prize Money for mens and women’s singles

Winner: £2.29m

Runner-up: £1.14m

Semi-final: £515k

Quarter-final: £257k

Fourth round – £145k

Third round – £87k

Second round – £58k

First round – £42k

Source: AUSOPEN.com

How to watch?

UK audiences

UK viewers will be able to watch the Australia Open live on Eurosport. If you want direct access to Eurosport Player you can get a 7-day free trial if you’re a new or pay £9.99 per month/£59.98 for a year.

Alternatively, if you’re Amazon Prime member you can get a 7-day free trial for the Eurosport Player through the Amazon channel. Once trial is over it will cost £6.99 per month in addition to your £7.99 per month Prime membership.

Highlights will be shown on BBC television.

Australia audiences

Australian viewers can watch on Channel Nine network which will show live broadcast of the tournament across suite of channels including 9Now, Wide World of Sports and more.